Real estate economist, management salary

Salary and Working Conditions for a Property Economist in Property Management

As a property economist in property management, or property manager as it is also known, you play a crucial role in the management of properties. Your task is to ensure that the properties are well-maintained, financially profitable, and that the tenants are satisfied. The average monthly salary for this profession is 49 200 SEK, with a slight difference between men and women where men earn 49 300 SEK and women 48 900 SEK. Therefore, women earn 99% of what men do in this profession.

Salary Development and Comparison

The salary for a property economist in property management has increased slightly from 48 800 SEK to 49 200 SEK since the last measurement. Hourly employees in the profession have an average hourly wage of 296 SEK, based on 166 working hours per month. The highest salary for a man in the public sector with post-secondary education is 50800 SEK, while a woman in the same position in the public sector has a highest salary of 49000 SEK. On the lower scale, women in the private sector with a secondary education earn 43100 SEK, while men with a similar background earn 45800 SEK.

Education and Qualifications

To work as a property economist in property management, a degree in economics or property management is usually required. Many employers demand a university education, but there are also opportunities for those with a secondary education to enter the industry, especially if they have relevant work experience. The work requires a good understanding of the real estate market, finance, and legal aspects of property management.

Future Prospects and Job Market

According to the Swedish Public Employment Service's forecasts for property managers, including property economists in property management, the opportunities for employment are moderate at the national level. The recruitment situation is characterized by balance, but demand is expected to increase in the next five years. This means that there are good prospects for those who want to work in this profession, although the competition can be tough.

Working Conditions and Environment

As a property economist in property management, you often work in a dynamic environment where you handle several projects simultaneously. Working days can vary greatly depending on the needs of the property and the projects underway. Flexibility and good communication skills are important qualities. Opportunities for remote work and paid further education may occur depending on the employer, contributing to an attractive work environment.

Summary of Salary and Working Conditions

Working as a property economist in property management means having a central role in the real estate industry with responsibility for both financial and maintenance aspects of properties. With an average salary of 49 200 SEK and a positive forecast for future demand, this profession offers both financial and professional opportunities. However, it is important to be aware of the educational requirements and the competition in the job market.

For those interested in working in property management, it is important to stay informed about the industry's developments and constantly improve their skills in finance and property management.